Pressure Transmitter Market Analysis
Explore In-Depth Pressure Transmitter Market Analysis, Covering Detailed Segmentation and Geographical Insights for the Period of 2019 to 2030
Report Code: 12379
Explore In-Depth Pressure Transmitter Market Analysis, Covering Detailed Segmentation and Geographical Insights for the Period of 2019 to 2030
Differential pressure transmitters hold the largest share, of 40%, of the overall global market in 2024. These pressure transmitters are preferred in the oil and gas industry for flow, level, and pressure measurement, which are critical for process monitoring and control. In addition, they are also used for measuring fluid density, fluid flow, and fluid level.
Furthermore, differential pressure transmitters can be based on any of the pressure sensing technologies, and they are used for level detection and flow measurement in the aforementioned industries using primary elements, such as orifice plates, venturi tubes, flow nozzles, low-loss flow tubes, and pitot tubes. Thus, in January 2021, Superior Sensor Technology announced improved differential pressure sensors for industrial applications that allow up to seven configurable pressure ranges in a single device.
The multivariable category is the fastest-growing, with a CAGR of 4.6%. This is because just one of these devices can measure pressure, flow, and temperature, this eliminating the need for individual devices and reducing operating costs.
The following types of pressure transmitters are covered in this report:
The liquid fluid type is the highest revenue generator in the market in 2024. It will also witness the highest CAGR, over the forecast period. A submersible pressure transmitter is widely used for fluid pressure and level measurement in non-hydrocarbon liquids, such as in the water and wastewater treatment sector. Differential and gauge pressure transmitters are frequently used to monitor the hydrostatic (resting pressure) liquid levels in tanks and for groundwater pump water level assessment.
The report contains analysis on the below-mentioned fluid types:
The piezoresistive category dominates the market in 2024, with 40% share. It will also witness the highest CAGR in the forecast period, of 5.2%. This is attributed to the high popularity of this technology in the oil & gas, healthcare, automotive, and aerospace industries on account of their durability, precision, accuracy, and ability to work under harsh conditions.
We have analyzed the following technologies:
In 2024, the level measurement application category accounts for the largest share. Pressure transmitters are frequently used to measure the level in fuel tanks in the chemical, water & wastewater treatment, petrochemical, and a variety of other process sectors. Furthermore, Pressure transmitters offer ease of usage, minimal purchase and maintenance costs (owing to no moving parts), and compact nature over other field devices, thus making them appropriate for level measurement applications.
Flow measurement is the fastest-growing category, during this decade. Accurate measurements of the flow rate are critical in process industries, such as chemicals, oil & gas, and water & wastewater. As these industries grow, so will the usage of pressure transmitters for flow rate measurement.
What follows is the application breakdown of the market:
The water & wastewater treatment industry dominates the market in 2024. It is also forecast to register the highest CAGR, of 5.8%, over this decade. Pressure transmitters are utilized in the water & wastewater treatment sector all over the world, in pumping stations, sewage systems, chemical feeds, wet wells, filtration facilities, storage facilities, and mixing vessels.
Key applications include monitoring and managing fluid level, flow, and pressure in treatment facilities. Pressure transmitters are employed at several phases of the wastewater treatment process, including biological, tertiary, secondary, and primary treatment.
The below-mentioned are the key industries studied in the report:
The following is the regional breakdown of the market:
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